Freehold Royalties Ltd. Announces Election of Directors

CALGARY, ALBERTA--(Marketwired - May 14, 2014) - Freehold Royalties Ltd. (Freehold) (TSX:FRU) announced today that all nominees listed in its notice of meeting and information circular dated April 2, 2014, were elected as directors of Freehold at its Annual Meeting of Shareholders held earlier today in Calgary.

The results of the votes are as follows:

Nominee

Votes For

Votes Withheld

Number

%

Number

%

D. Nolan Blades

38,047,325

99.02

378,005

0.98

Harry S. Campbell

36,711,329

95.54

1,714,001

4.46

Peter T. Harrison

37,502,312

97.60

923,018

2.40

Arthur N. Korpach

38,353,390

99.81

71,940

0.19

Susan M. MacKenzie

38,354,551

99.82

70,779

0.18

Thomas J. Mullane

37,449,348

97.46

975,982

2.54

David J. Sandmeyer

31,024,940

80.74

7,400,390

19.26

Rodger A. Tourigny

38,318,868

99.72

106,462

0.28

Aidan M. Walsh

38,364,585

99.84

60,745

0.16

In addition, KPMG LLP was appointed as the auditors of Freehold with over 97% of the proxies received in favour of their appointment.

About Freehold Royalties Ltd.

Freehold's primary focus is on acquiring and managing oil and gas royalties. The majority of production comes from royalty interests (mineral title and gross overriding royalties). Freehold's common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.